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At Bitcoin 2025, Crypto Purists and the MAGA Faithful Collide

  • On June 3, NFT marketplace Magic Eden and the group responsible for the Official TRUMP token revealed the launch of the Official TRUMP Wallet.
  • This followed confusion caused by rumors linking the Trump Organization to the wallet, although Trump's family denied any involvement or approval.
  • Donald Trump Jr. and Eric Trump both publicly disavowed the wallet, stressing no connection to the project and warning against unauthorized use of the Trump name.
  • The TRUMP token has a market cap over $2.29 billion with 200 million tokens circulating, though the wallet project's official status remains unclear.
  • The episode highlights challenges in verifying crypto projects tied to prominent figures, urging investors to await formal announcements and confirm information from trusted sources.
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FXStreet broke the news in on Tuesday, June 3, 2025.
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